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|Wednesday, February 15, 2012|
What do Bain Capital, a Boston-based private equity firm, and New Seasons Market, the Portland-based organic grocery chain, have in common? Co-founded by Mitt Romney, Bain has faced increasing scrutiny since the former Massachusetts governor announced his presidential run. Co-founded by Eileen Brady, New Seasons has also found itself in the spotlight since the mayoral hopeful announced her candidacy.
But if New Seasons is good for Brady, Brady's campaign is “not necessarily” good for New Seasons, said chief executive Lisa Sedlar. There’s been no negative impact on sales, Sedlar told me. “But political elections tend to be polarizing, and I don’t want New Seasons to be stuck in the middle of some oppositional battle.”
In Oregon, companies founded by present day politicos tend to be relatively small, such as Pareto Global, a consulting firm founded by Rep. Jules Bailey. While those firms may stay under the radar, larger companies face more scrutiny — for better or worse. “Whether or not the Brady campaign helps or hurts New Seasons I’m not sure,” said Mike Riley, president of Riley Research Associates, a market research firm. ‘They would probably opt not to be in the spotlight.”
Sedlar seems reconciled to the glare. Months ago, when Brady first announced her candidacy, Sedlar sent out a staff email announcing one of our “co-founding family members is running for mayor” and reminding employees “we don’t endorse candidates and we don’t want anybody to talk about the election on the sales floor.”
New Seasons may have sold, but so far it’s still locally owned.
Linda Baker is managing editor of Oregon Business.
Thursday, June 18, 2015
Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Thursday, June 18, 2015
While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.
Monday, August 03, 2015
BY KIM MOORE | RESEARCH EDITOR
Pushing the extreme.
Wednesday, June 24, 2015
One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
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